In addition to material handling equipment, another way to save money through operations is energy usage. According to the Environmental Defense Fund, the manufacturing industry has been making energy efficiency a priority, because savings for the operation could translate to savings for consumers, earning more loyalty. However, there’s still a long way to go, as the news provider reports the sector consumed a quarter of total end-use energy last year.
While energy efficient practices can be cost-beneficial in the long run, some manufacturing managers may be put off by the initial costs. According to Manufacturing.net, for many managers, the initial investment can feel overwhelming. However, as operations continue you start to see a gradual reduction in overall use overtime, resulting in savings. Making tweaks to the warehouse such as using energy efficient equipment, replacing lights with LED bulbs and making sure all spaces are properly insulated can make significant strides in reducing overall operating costs.
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